On January 31, the U.S. stock market experienced broad-based declines. The Dow Jones Industrial Average closed down 0.75% at 44,544.66 points, while the S&P 500 Index dipped 0.5% to finish at 6,040.53 points. The Nasdaq Composite Index also fell, dropping 0.28% to close at 19,627.44 points. The Wind U.S. Tech Titans 7 Index witnessed a slight decline of 0.31%, with mixed performances from individual companies: Apple fell 0.67%, Google gained over 1%, and NVIDIA lost more than 3%. Chinese stocks listed in the U.S. generally trended downwards, with notable declines of over 6% for both 21Vianet Group and iQIYI. For the week, the Dow Jones Index inched up 0.27%, but the S&P 500 Index and Nasdaq Index recorded losses of 1% and 1.64%, respectively. Across the entire month of January, the Dow Jones Index posted a gain of 4.7%, while the S&P 500 Index and Nasdaq Index advanced by 2.7% and 1.64%, respectively.
